EVFTA helps buffer economic downturn impact: The Business Times World

EVFTA helps buffer economic downturn impact: The Business Times

Given the COVID-19 epidemic, the EU-Vietnam Free Trade Agreement (EVFTA), which entered into force in August 2020, has helped to boost two-way trade and buffer the impact of the economic downturn, according to an article posted on October 13 by The Business Times of Singapore.
Travel firms need “oxygen” to stay alive Travel

Travel firms need “oxygen” to stay alive

Waiting for the Government to launch a pilot programme to welcome international tourists to Phu Quoc island, travel and aviation firms need urgent support like “oxygen” for their existence, according to insiders.
Laos not immune to global economic crisis: WB ASEAN

Laos not immune to global economic crisis: WB

Laos’ economic growth is projected to decline in 2020 due to the impact of the COVID-19 pandemic and measures to contain its spread, unveiled a World Bank report on the country’s growth and debt in the year.
Vietnam's first-quarter GDP growth hits decade low  Business

Vietnam's first-quarter GDP growth hits decade low

Vietnam’s gross domestic product (GDP) in the first quarter of 2020 grew 3.82 percent, the lowest pace during the 2011-2020 period, head of the General Statistics Office Nguyen Bich Lam said at a press conference in Hanoi on March 27.
Malaysia may cut key interest rate again World

Malaysia may cut key interest rate again

After the Malaysian central bank (BNM)’s second overnight policy rate (OPR) cut on March 3, economists said that it will decide to shave off the key rate again and the cut will happen as early as May.
Vinalines revived and setting sail  Business

Vinalines revived and setting sail

By restructuring its debt and fleet, and stepping up maritime transportation and seaport services, Vietnam National Shipping Lines (Vinalines) has set sail again after emerging from cho
Singapore: Export turnover drops sharply World

Singapore: Export turnover drops sharply

Singapore’s non-oil domestic exports (NODX) slid 7.2 percent in December last year, from a year earlier, as shipment of non-electronics products dropped 10.3 percent.